Post by
DrJayser on Sep 04, 2020 5:21pm
Future sales of common shares by the Corporation ......
Future sales of common shares by the Corporation or by its existing shareholders could cause its share price to fall. If additional funds are raised through issuances of equity or convertible debt securities, existing shareholders could suffer significant dilution, and any new equity securities issued could have rights, preferences and privileges superior to those of holders of Common Shares. Sales by existing shareholders of a large number of its common shares in the public market and the issuance of shares issued in connection with strategic alliances, or the perception that such additional sales could occur, could cause the market price of its common shares to decline and have an undesirable impact on its ability to raise capital.